Explain why a draft system might cause the U.S. military to overemploy labor and underemploy capital (from

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Explain why a draft system might cause the U.S. military to overemploy labor and underemploy capital (from society’s perspective). Speculate about why the army increasingly contracts out construction and maintenance work to private firms now that it is voluntary

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Contemporary Labor Economics

ISBN: 978-1259290602

11th Edition

Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson

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